To qualify for S corporation status, the corporation must meet the following requirements: 1  Be a domestic corporation. 2  Have only allowable shareholders May be individuals, certain trusts, and estates and. May not be partnerships, corporations or non-resident alien shareholders. 3  Have no more than 100 shareholders.  Have only one class of stock.
Honor cords in shades of silver or grey are most often awarded to students graduating with degrees in medical science, such as: chiropractic, speech, oratory, and veterinary science.
Though graduation robes are usually rented, the tassels and honor cords are usually kept by students as a memento along with the graduation cap. Graduating students have proven they are made of the right stuff. Many display them in a tassel frame with a picture of the graduate or graduation ceremony.